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the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future the pressure against the regime in and aroundamascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuinghe sharpest warning yet. >> the president of t united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentago
the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary...
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if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era vernment spending which we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this? last year, it was a union uproar in wisconsin and now we're seeing this. a different state, same scene, neil and his gang saying all taxpayers should be paying attention. that's at e bottom of the hour, but up here first, did you hear this? >> our people in an overwhelming supported this president and there ought to be a quid pro quo. >> brenda: a detroit council woman demanding a bailout after voting the president in. guess where the president is heading on monday? should taxpayeyeyeyeyeyennel. i'll sd you back to bulls and bears, me headlines just 30 mines away. >> we showed youhe votes. now show us the money. >> our people in an overwhelmingly supported the reelection of this president and there ought to be a quid pro quo and ought to exercise leadership on that. of course, not just that, but why not. >> brenda: why not, huh? detroit council woman joanne watson asked for b
if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era vernment spending which we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this? last year, it was a union uproar in wisconsin and now we're seeing this. a different state, same scene, neil and his gang saying all taxpayers should be paying attention. that's at e bottom of the hour, but up here first, did you hear this? >> our people in an...
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if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era government spending whic we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this last year, it was a union uproar in wisconsin and now we're seeing this. a diffent state, same scene, neil and his gang sayg all taxpayers should be paying attention. that's at the bottom of the hour, but up herefirst, did you hear this? >> our people in an overwhelming supported this president and there ought to be a quid pro quo. >> brenda: a detroit council woman demanding a bailout after voting the president in. guess where the president is heading on monday? heading on monday? should taxpayeyeyeyeye [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super
if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era government spending whic we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this last year, it was a union uproar in wisconsin and now we're seeing this. a diffent state, same scene, neil and his gang sayg all taxpayers should be paying attention. that's at the bottom of the hour, but up herefirst, did you hear this? >> our people in an overwhelming...
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do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. tha
do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i...
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he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have do what the repblicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of t, but but the realitys the republican party has not come up with a rejoinder, a respnse to a, if you will, a socialist redistributionist president who right now claims thefield is on because there is no other standard flying over that field. there is a spker of the house to is simply saying, this is not right. you know, we are not at the table and complaining, but not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are paying about 40 percent of the income tax. the top 25 percent are paying 87% of the income tax. it does not get any better than that. this is under the bush tax rates. you eliminate the tax rates and you will get less
he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have do what the repblicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of t, but but the realitys the republican party has not come up with a rejoinder, a respnse to a, if you will, a socialist redistributionist president who right now claims thefield is on because there...
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when anas repea asked repeatedls demanding the top rates return to the clinton administration in and the top rate was 39.6, he does not say yes, have to have that to get a deal. but he is not backing off his demands rates go up by some amount of wealthier families so the buzz is he might settle or compromise for something in between like 37%. there is speculation the president might compromise on the cut off my degree and a higher threshold by 500,000 per year before higher rates would kick in. in a speech in detroit the president extended a little olive branch republicans. >> i have said i would work with republicans on a plan for economic growth, jobs creation and reducing our deficits. and have some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> the president met with speaker john boehner yesterday. not discussing any details of the conversations, just saying as you said at the top, lines of communications are open. also talking to senate majority leader harry reid today as well. everybody
when anas repea asked repeatedls demanding the top rates return to the clinton administration in and the top rate was 39.6, he does not say yes, have to have that to get a deal. but he is not backing off his demands rates go up by some amount of wealthier families so the buzz is he might settle or compromise for something in between like 37%. there is speculation the president might compromise on the cut off my degree and a higher threshold by 500,000 per year before higher rates would kick in....
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and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always a pleasure. >> bye now. stuart: the republicans submit their fiscal cliff solution. now, that plan put out by speaker boehner, includes 800 billion doll
and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000...
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hillary clinton holds an emergency meeting with russia's foreign minister and the un peace envoy for syria to discuss the issue. approving the delivery of missiles to turkey. that aimed to protecting the nato area against attacks. deciding to okay the move after mortar rounds killed five people. missiles expected to arrive in turkey next month. the presidential palace is looking more and more like a camp. the egyptian military and selling our buyer. the worst round of violence in two weeks. clashes killed seven last night. those are your latest headlines. back to dagen and connell. dagen: thank you. if the u.s. goes over that fiscal cliff, people in california will pay a ton in extra taxes. california would have the highest earners there would pay almost 52% as their marginal income tax rate. the highest in the country. the only state that would have a calculated rate would be hawaii. three percentage points to the marginal state income tax rate. we will have entrepreneur ethan anderson coming up, maybe tomorrow, to talk about what that does for business. connell: the tax man is for
hillary clinton holds an emergency meeting with russia's foreign minister and the un peace envoy for syria to discuss the issue. approving the delivery of missiles to turkey. that aimed to protecting the nato area against attacks. deciding to okay the move after mortar rounds killed five people. missiles expected to arrive in turkey next month. the presidential palace is looking more and more like a camp. the egyptian military and selling our buyer. the worst round of violence in two weeks....
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. >> the president says, oh, go back a little bit to clinton's old tax rates, but he's not because clinton's rates affected everyone, not just the small sliver of the population. a 3.8% unearned income tax is kicking in on january 1st. gerri: obamacare. >> capital gains going from 15% to that 25*%. dividend taxes going 15% to 44% under current law without a thing done as far as the president obama wanting the taxes on the rich to go up. he's already done it. there's 1% medicare tax on people who earn over $250,000 a year. gerri: income tax. >> a payroll tax strictly. it's added to the medicare tax that's taken out, makes a small stop in the trust fund, and funds another program that the president likes. this is the problem. the president is not hoonest with us or the american people. he tells you he loves you and wants to take care of you, but the fact of the matter is, he's going to raise your taxes to a level that, in fact, it's going to kill economic activity in the country. how do we know? look what's happening. on your crawl on the television, dividends paid before december 31st, and wh
. >> the president says, oh, go back a little bit to clinton's old tax rates, but he's not because clinton's rates affected everyone, not just the small sliver of the population. a 3.8% unearned income tax is kicking in on january 1st. gerri: obamacare. >> capital gains going from 15% to that 25*%. dividend taxes going 15% to 44% under current law without a thing done as far as the president obama wanting the taxes on the rich to go up. he's already done it. there's 1% medicare tax...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counterfers dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal liff. i think that the speaker has indicated that he will try to engage in, t to meet him and try to avoid the fiscal cleft that the presiient is gng to continue to say it is my way or the highway, that is another game. gei: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right...
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i don't think that raising -- putting the tax rates back to the clinton level -- clinton era level is going to harm the economy. but if you could not raise taxes and you could make it up another way, i do think that's the better way to go. and, you know, i think the president is now appealing a little bit to the base on insisting on it has to be the tax rates, when he should be open to -- and maybe he will be -- this could just be a negotiating tactic, he should be open to the idea of closing loopholes eliminating deductions and making up the revenue in another way. stuart: i was right. >> you're very sensitive to drifting. stuart: i have never been described as sensitive before, but i do appreciate the compliment. i hope you will come again. will you? >> absolutely. >> stuart: thank you very much. we appreciate it. >> thank you. stuart: the california teachers union has sunk, and i'm going to say to a new low. a cartoon video about taxes and the rich, and it shows a rich person urinating on poor people. more on that next with mike reagan. stuart: president obama will not budge on rai
i don't think that raising -- putting the tax rates back to the clinton level -- clinton era level is going to harm the economy. but if you could not raise taxes and you could make it up another way, i do think that's the better way to go. and, you know, i think the president is now appealing a little bit to the base on insisting on it has to be the tax rates, when he should be open to -- and maybe he will be -- this could just be a negotiating tactic, he should be open to the idea of closing...
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that is the key concern of anybody, it is not about the clintons in the water but the fact that the current practice is to dispose of the water as it is garbage into disposal wells and that water will never see the light of day. stuart: i have got to ask about the price. can you give me a rough idea how much it costs to clean the water from one well for one year? can you tell me? >> not in those terms exactly. our costs is going to be lower than the cost of the current practices of disposing of the water and replenishing the water with aquifer. our cost generally will be 80% or lower, 20% or 80% of the current cost, 40% lower or more than the current practices. stuart: i wanted dollar number. current practices cost how much? >> current practices in the texas area in the neighborhood of $2 -- [talking over each other] stuart: for what? >> $2 per barrel. a barrel is 42 gallons. it can be $8 for the same thing. we obviously are going to be comparative but we can deliver the water, clean water for lower-priced, it takes to dispose of it. stuart: that is a very interesting proposition. we apprec
that is the key concern of anybody, it is not about the clintons in the water but the fact that the current practice is to dispose of the water as it is garbage into disposal wells and that water will never see the light of day. stuart: i have got to ask about the price. can you give me a rough idea how much it costs to clean the water from one well for one year? can you tell me? >> not in those terms exactly. our costs is going to be lower than the cost of the current practices of...
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when hillary clinton had moi broker the deal between hamas and, between hamas and israelis it was basically saying look you ha to play big brother here. you get all the allowance money. now you have to help out and we're watching yo melissa: on the ground in egypt what kind of influence can we really have? they cash a check we send but beyond that what other kind of help can we give? i'm not sure we'r welcome. >> we're not welcome, this regime, the morsi regime, muslim brotherhood compare it to the iranian regime 30 years ago. one of the platforms is creating anti-western propaganda within the country. that has been one of the things that happened -- helped them go forward. you have the presence of many different factions within egyptian society. that's what we need to cash in on. not in terms of finances but in terms of support. exactly what we should be doing in iran. we take more secular factions, people came to tahrir square, women, children, people being marginalized by the muslim brotherhood saying we support you. we want you to have a say in the future of egypt as a nation and we're
when hillary clinton had moi broker the deal between hamas and, between hamas and israelis it was basically saying look you ha to play big brother here. you get all the allowance money. now you have to help out and we're watching yo melissa: on the ground in egypt what kind of influence can we really have? they cash a check we send but beyond that what other kind of help can we give? i'm not sure we'r welcome. >> we're not welcome, this regime, the morsi regime, muslim brotherhood compare...
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absolutely and this is extremely dangerous and i think this is probably one of the reasons that secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue and the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in any way, shape or form. the syrian, the russian president, putin, a couple of days ago when he was in turkey, he gave some signals that the chem cap -- chemical weapons in syria are secure. we need to sit down with the russians to see if they have any guaranties to the security of these weapons. >>you talked about how the international community could do to prevent it. there are weapons weapons and there is money. what could we do at this point to try to stop this from happening? >> well i think, you know, the regime of syria has these weapons and i'm not sure they're going to sell them or if we put money on the
absolutely and this is extremely dangerous and i think this is probably one of the reasons that secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue and the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in...
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later they will really ever do it, given that they never have -- not in the reagan era, not in the clinton era? >> yep. very good point, my friend. i think you hit the nail on the held, because what i'm hearing is that they may say we'll set targets, we'll have a specific target for tax reform, for entitlement reform, and by god, if we don't hit that target by summer, we'll have a sequester. i mean, how many times are we going to hear this before the credit rating agencies say enough is enough? dennis: now, you're thinking maybe there's a chance, greg, that they do something up front now regarding social security cola adjustments, cost of living, so you change the formula to pay out less as well as medicare sometimes adjusted for the wealthy to give them less or make them pay more? >> yeah. i can't see the republicans agreeing to higher tax rates. let's say we go up to 38%. i don't think we're going to 39.6. but for the republicans to agree to 38, they've got to get something in return. so, yeah, i keep a couple -- i think a couple specific entitlement reforms. the promise is much more nex
later they will really ever do it, given that they never have -- not in the reagan era, not in the clinton era? >> yep. very good point, my friend. i think you hit the nail on the held, because what i'm hearing is that they may say we'll set targets, we'll have a specific target for tax reform, for entitlement reform, and by god, if we don't hit that target by summer, we'll have a sequester. i mean, how many times are we going to hear this before the credit rating agencies say enough is...
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secretary of state hillary clinton saying today that future of syria can not possibly include bashar al-assad. >>> 2,000 people gathering at pearl harbor observing the 70th anniversary of attack. in december 7, 1941 a japanese attack killed thousands of americans, thrusting the united states into world war ii. a moment of silence was observed at 7.59 a.m., exactly when the bombing began. that is the news from fox. back to you, tracy. tracy: arthel, thank you very much. the federal government will still be spending trillions of dollars a year with basically no plan to pay for it, hello. rich edson in d.c. to talk about this. you know what? nothing is really going to change, is it? >> right now congress is just trying to figure out how to replace a trillion dollars in automatic spending cuts over the next decade. even with that nearly $100 forecast to grow over the next 10 years. mostly thanks to increases in health care spending on medicare and medicaid. the feds are expected to spend more than $3.5 this fiscal year. nearly 3.6 trillion in 2014. 4 trillion in 2016 and 5 trillion by 20
secretary of state hillary clinton saying today that future of syria can not possibly include bashar al-assad. >>> 2,000 people gathering at pearl harbor observing the 70th anniversary of attack. in december 7, 1941 a japanese attack killed thousands of americans, thrusting the united states into world war ii. a moment of silence was observed at 7.59 a.m., exactly when the bombing began. that is the news from fox. back to you, tracy. tracy: arthel, thank you very much. the federal...